Is the relationship between inflation and its volatility asymmetric? US evidence, 1800–2016
Tài liệu tham khảo
Ball, 1992, Why does high inflation raise inflation uncertainty?, Journal of Monetary Economics, 29, 371, 10.1016/0304-3932(92)90032-W
Ball, 2013, The case for four percent inflation, Central Bank Review, 13, 17
Ball, 1990, Inflation and uncertainty at short and long horizons, Brookings Papers on Economic Activity, 1, 215, 10.2307/2534528
Blanchard, 2010, Rethinking macroeconomic policy, Journal of Money, Credit, and Banking, 42, 199, 10.1111/j.1538-4616.2010.00334.x
Brunner, 1993, Are higher levels of inflation less Predictable? A state-dependent conditional heteroscedasticity approach, Journal of Business and Economic Statistics, 11, 187
Coibion, 2012, The optimal inflation rate in New Keynesian models: Should central banks raise their inflation targets in light of the zero lower bound?, Review of Economic Studies, 79, 1371, 10.1093/restud/rds013
Daal, 2005, Re-examining inflation and inflation uncertainty in developed and emerging countries, Economics Letters, 89, 180, 10.1016/j.econlet.2005.05.024
Davis, 1998, High and uncertain inflation. Results from a new data set, Journal of Money, Credit, and Banking, 30, 218, 10.2307/2601210
Davis, 2000, The level and uncertainty of inflation. Results from OECD forecasts, Economic Inquiry, 38, 58, 10.1111/j.1465-7295.2000.tb00004.x
Friedman, 1977, Nobel Lecture: Inflation and unemployment, Journal of Political Economy, 85, 451, 10.1086/260579
Grier, 1998, On inflation and inflation uncertainty in the G7 countries, Journal of International Money and Finance, 17, 671, 10.1016/S0261-5606(98)00023-0
Hansen, 1997, Inference in TAR models, Studies in Nonlinear Dynamics and Econometrics, 2, 1
Hodrick, 1997, Postwar U.S. Business Cycles: An empirical investigation, Journal of Money, Credit, and Banking, 29, 1, 10.2307/2953682
Karras, 2015, Can higher inflation be more stable? Evidence from Japan and the United States, Journal of International Economic Studies, 29, 49
Karras, 2015, Low inflation vs stable Inflation: Evidence from the UK, 1688-2009, Scottish Journal of Political Economy, 62, 505, 10.1111/sjpe.12090
Karras, 2017, Can a higher inflation target reduce inflation volatility?, Metroeconomica, 10.1111/meca.12142
Kiley, 2007, Is moderate-to-high inflation inherently unstable?, International Journal of Central Banking, 3, 173
Ravn, 2002, On adjusting the hodrick-prescott filter for the frequency of observations, Review of Economics and Statistics, 84, 371, 10.1162/003465302317411604
Taylor, 1981, On the relationship between the variability of inflation and the average inflation rate, Carnegie-Rochester Conference Series on Public Policy, 15, 57, 10.1016/0167-2231(81)90019-1
Thornton, 2007, The relationship between inflation and inflation uncertainty in emerging market economics, Southern Economic Journal of Central Banking, 73, 858, 10.1002/j.2325-8012.2007.tb00808.x